Recent content by Dangleitus

When the intention is to manipulate the price, it is illegal. This type of behavior was the chief reason behind the 1907 panic that lead to the run on the banks when the Knickerbocker Trust was rumored to be insolvent after a failed corner of the copper market by the Hienz brothers. In the...

you mean like the Investment pools of the late 1920s; which later became the reasonfor writing the SEC act of 1934? Yeah. Not going to happen.

I hedged long, sold at a loss this morning. Will it hold 250 support? I recommend caution at this point in the overall market as well. My signals show a possible pullback in markets in the medium term - months. I am mostly in cash right now and 3 other names. Not putting a recommendation...

Agreed, Tesla is bucking the trend during amateur hour. It has successfully held the 260 level the last 3X it has touched it since sept. Barring any major news item, I don't see it falling below that. Will be interesting to see if it creeps up to its old support at 300.

He likes buybacks when they are at good prices, not high prices. He talks about this in shareholder letters. As for sustainable cash flow, It isn't here for tesla, and their existing cashflow problems are worrisome . He generally avoids high capex industries, and can't remember the last time...

I doubt buffet would ever consider adding tesla to his holdings - it quite literally doesn't fit any of the metrics he has written about in his shareholder letters. Large capex, large cash burn, very expensive and in a competitive rapidly changing field. He wants cheap/simple businesses that...

you guys are going to hate me, but I hedged my short with a buy at 262 stop loss 242. The stock held support well at 260, but it was close. Looked like buying/ short covering at 261.

From the short camp, I expect a gaap profitable quarter. My thesis rests on sustainability of those profits, so I'll fade any pop in the SP. I literally am sitting on cash as I have exited all but 3 of my long positions due to my opinion of the market. I suspect many short sellers are like...

Not yet. GT was a one trick pony which pivoted from one business to another without a contingency. Oh yeah, Tom sold shares a month ahead of filing. A lot of good people lost their jobs.

Musk if you read this forum: You have it all. You helped build successful companies and inspired many. You achieved the american dream. Don't blow it all and screw your shareholders because of hubris.

I don't think emotion and investing go hand an hand personally. I think of this as a bet based on the fundamentals and nothing more. I don't want people to lose their jobs, but the ability for a company to pay its workers is dependent on those who run it, not some people who pay premium on...

Shorting based on an event is risky, im not so sure most shorts bet big on binary events like this. I know I don't. I am still on the insolvency bandwagon personally. But I'd be lying if I said I wasn't going to consider long until q3. Nothing wrong with making some money on the way up, is there?

I won't. I manage risk first, and I am way on top on this trade so far. No need to get emotional about this :) Mod: As promised, I deleted that post. GG rule.

Sounds like sentiment is positive for this? Does it bother anyone that Musk will no longer be chairman of the company? Talk about a roller coaster for all sides. I'll be sticking to my short position obviously. I do expect a rally in the SP monday.

If we are talking about the structural viability of tesla’s business model, it is not there per the data we have up to date. Q3 withstanding, there is no long term evidence that the company can continue to exist as a going concern given the current debt due within a year, and capital...